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Pendle Profile picture
@pendle_fi
Jun 8, 2023 • 10 tweets • 5 min read • Read on X
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1/ The @Rocket_Pool rETH and wstETH pools are now LIVE on Pendle...

Pendle @arbitrum🔥

With this, we're now ready to kickstart the liquidity flywheel for #LSD and #LSDfi on Arbitrum.

Deeper liquidity, faster growth, boundless possibilities await 💙 Image
2/ LSDs already exist on Arbitrum, but deeper liquidity is needed to capture the same vibrance we see on Ethereum.

With this launch, Pendle is positioned to assist in unlocking richer, stickier liquidity that can be used in other protocols in Arbitrum 🧡 Image
3/ As a liquidity provider, you can receive up to 115% APY with rETH or wstETH on Arbitrum, with minimal IL considerations.

Any liquidity supplied continues to contribute to the underlying protocol's TVL. Image
4/ On top of driving liquidity to Arbitrum, Pendle also enables more utility for these yield assets.

Holders can now tap into our yield management facilities for the speculation and trading of #LSD yields on Arbitrum, starting with rETH and wstETH. Image
5/ If you currently hold wstETH or rETH on Ethereum, bridging is just an easy 2 steps!

Visit the official Arbitrum bridge at bridge.arbitrum.io and connect your wallet. Image
6/ Select rETH or wstETH from the dropdown menu on the “From Mainnet” tab.

If you haven’t interacted with either token before you’ll need to import the contract address

rETH: 0xae78736cd615f374d3085123a210448e74fc6393
wstETH: 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 Image
7/ Select the amount you want to deposit to Arbitrum and click “Move funds to Arbitrum One”. You’ll be prompted to pay the necessary gas fees on both Ethereum and Arbitrum. Image
8/ Once your transaction confirms, you’ll see a success message followed by your rETH or wstETH balance updated on Arbitrum in your wallet.

Now, your rETH and wstETH are ready to be used on Pendle Arbitrum 🎉
9/ Liquid staking and LSDfi become more accessible in Arbitrum's low-gas environment, opening the door for more users to participate in.

We pride ourselves in Pendle's role in expanding the LSD ecosystem, and now it's time to ignite the same network effect in our Arbitrum home🔥
Do more with your LSDs with Pendle, now available on Arbitrum:
app.pendle.finance/pro/pools?chai…

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More from @pendle_fi

Pendle Profile picture
Jul 2
The Pendle Symbiotic arc continues with a 4some this week 🧬

@ethena_labs x @mellowprotocol x @symbioticfi x Pendle, featuring:

🔹rsENA (26 Sep)
🔹rsUSDe (26 Sep)

With Mellow Points, Ethena Sats, Symbiotic Points, USDe staking yield and more up for grabs 👇🏻 Image
What are rsENA and rsUSDe?

rsENA and rsUSDe are the first non-ETH assets to be restaked on Symbiotic, curated by @Re7Capital, @MEVCapital & @k3_labs.

Both assets are used to secure cross chain messaging of USDe, and later multiple layers of the Ethena ecosystem via Symbiotic.
With YT-rsENA / SY-rsENA portion of LP, Pendies will be earning:

🔹30x Sats
🔹2x Mellow Point
🔹1x Symbiotic Point

Since ENA is the only pool with remaining cap space on Symbiotic, this will be the first instance where Symbiotic Points can be earned on PendleImage
Read 6 tweets
Pendle Profile picture
Jun 20
Narrator: In the vast expanse of DeFi, an extraordinary instance of a threesome symbiosis emerges - Pendle x @symbioticfi x @mellowprotocol

Here, we witness the first example of a Symbiotic Points Campaign on Pendle, featuring:

1️⃣ steakLRT by @SteakhouseFi
2️⃣ Re7LRT by @Re7Capital
3️⃣ amphrETH by @MEVCapital
4️⃣ rstETH by @P2Pvalidator

Lush pools teeming with points and potential 🧬Image
In the intricate web of DeFi, every connection counts.

Symbiotic, a restaking infrastructure layer.

Mellow, a platform enabling curated deployment of Symbiotic LRTs (e.g. steakLRT, Re7LRT, amphrETH, and rstETH).

And then there's Pendle.
In the heart of this 3-party symbiosis, a tapestry of new possibilities are woven.

With YTs, users thrive on a diverse array of points:

🔹 2x Mellow Points
🔹 Symbiotic Points (if available)
🔹 LRT Points (if available)

Note: YTs in this campaign will only receive points. Underlying yield accrues to PTs.
Read 6 tweets
Pendle Profile picture
Jan 25
Introducing Pendle LRT's newest addition - rsETH by @KelpDAO 🚄

With this, you'll finally be able to start racking up Kelp Miles faster than anyone else, while earning great yields and rewards from Pendle at the same time. 🚀
Liquid restaking with rsETH earns you Kelp Miles and @EigenLayer Points on top of the usual yields.

rsETH on Pendle earns Kelp Miles at a bonus 3x rate for the 1st month.

For YT-rsETH, this potentially means some serious boost for your Miles, more than what we've seen in eETH: Image
For LPs, that would mean a chance for you to capitalize on these rapid yield swaps, earning multiple streams of fees and rewards:

✅ EigenLayer Points
✅ Kelp Miles
✅ ETH Staking Yield
✅ Restaking Yield (once live)
☑️ Swap Fees
☑️ PENDLE incentives
☑️ PT-rsETH Fixed APY Image
Read 7 tweets
Pendle Profile picture
Oct 10, 2023
Education is the passport to the future, and this is even more true for Pendle and yield-trading.

Starting today, you'll be able to embark on a journey of self-improvement to master the art of yield-trading, conquering yields like never before.

Introducing Pendle Academy 🎓 Image
The Academy is a comprehensive, one-stop-shop for all of Pendle's yield trading secrets.

Whether you're an absolute Beginner who's just starting out, an intermediate journeyman or an expert yield trading guru - there's a path tailored just for you 🛣️ Image
From the foundational basics everyone needs to get started, complete with easy-to-follow, illustrative analogies to facilitate your understanding Image
Read 8 tweets
Pendle Profile picture
Jul 21, 2023
The GREATEST trade of all time on Pendle?!

0xfab just smashed the ETH staking yield of all staking yields, and is now on track to earn a whopping 88% APY.

For context, the current staking yield on Lido is only 4.06% APY, making this a 22x outsized return.

How? Pendle YT 🌈 Image
For those of you who missed the previous "best yield trade of all time", you can check out the thread below.

But that's old news now.

And unless you're getting >88% APY from ETH #LST, the king is dead, long live the king 👑
Here's what happened this time 👑:

1. Spent 0.88 wstETH
2. Bought 68.5 YT-wstETH (Dec 2023 maturity) - 78x yield exposure to wstETH

That means that from now until maturity (or whenever YT is sold), 0xfab will be receiving ALL of the yield generated by 68.5 wstETH. Image
Read 12 tweets
Pendle Profile picture
Jul 18, 2023
Introducing Pendle Earn
Let’s face it, DeFi fixed-rates and yields haven’t been the easiest to understand.

With Pendle Earn, we set out to change this, making simple yet powerful deposits accessible to everyone. Similar functionality to centralized products, yet fully on-chain.
You no longer need to be an expert to earn like a pro

Pendle Earn is all about making yields easy and convenient.

A streamlined experience that helps you earn and grow the Pendle way, without getting lost in mumbo-jumbo technicalities. Image
Read 6 tweets

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